| 000 | 01400cam a2200229 4500 | ||
|---|---|---|---|
| 001 | ##L130871 | ||
| 008 | 050909n2005 000 0 eng u | ||
| 020 | _a1842192434 | ||
| 035 | _a(Sirsi) u130871 | ||
| 041 | 0 | _aeng | |
| 050 | 0 | 4 | _a333.337 $2 18 |
| 100 | 1 | _aGallimore, Paul | |
| 245 | 0 | 0 | _aJudgement and qualitative adjustment in commercial property forecasting |
| 260 |
_aLondon _bRICS _c2005 |
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| 490 | 0 | 0 |
_aRICS Research Paper Series _v5(11) |
| 520 | _aNotes that property market forecasts are now integral to the decision-making processes in commercial property investment. As a result modelling has become increasingly sophisticated, but the qualitative judgement of forecasters is an essential part of the process as forecasters use their judgement to make adjustments to the modelling results. Final forecasts are rarely simply the outputs of the models used but are mediated and contested within organisations. Critically, forecasts need to be acceptable to their users and forecasters have incentives to avoid presenting contentious or conspicuous forecasts. There is clear evidence of this tendency, with forecasts being adjusted to reduce this kind of risk. | ||
| 590 | _aIKA061205 | ||
| 690 | _aPROPERTY-COMMERCIAL PROPERTY-COMMERCIAL PROPERTY MARKET | ||
| 700 | 1 | _aMcAllister, Patrick | |
| 710 | 2 |
_aRoyal Institution of Chartered Surveyors _bResearch _94902 |
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| 942 | _n0 | ||
| 999 |
_c104589 _d104589 |
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